Filing Flows › Planet Green Holdings (PLAG) › Q4 2025
Planet Green Holdings (PLAG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
Planet Green Holdings (PLAG) reported revenue of $522K for the fourth quarter 2025 (Q4 2025), -44% from a year earlier and -32% from the quarter before.
Planet Green Holdings, Q4 2025: revenue $522K (-44% year over year), net loss $13.3M, operating cash flow −$457K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $522K | -32% | -44% |
| Operating profit | −$13.1M | — | — |
| Net earnings | −$13.3M | — | — |
| Operating cash flow | −$457K | -166% | -152% |
What changed
Revenue was $522K in Q4 2025, down 44% year over year and down 32% from the previous quarter.
Gross margin was 1.8%, down 9.7 points from Q4 2024. Operating costs exceeded revenue by $13.1M, an operating margin of -2505.8%. Operating expenses grew 1220% against a revenue fall of 44%. The fastest-growing cost line was General & admin (+1245%). The quarter ended with a net loss of $13.3M, wider than the previous quarter's $12.1M loss.
Operating cash flow was −$457K. Non-cash charges added back $368K of depreciation and amortization and $11.6M of share-based compensation. Working capital and other items added $801K. Capital expenditures of $2K exceeded it, leaving free cash flow of −$459K.
Questions
What was Planet Green Holdings' revenue in the fourth quarter 2025?
Planet Green Holdings (PLAG) reported revenue of $522K for the fourth quarter 2025 (Q4 2025), -44% from a year earlier and -32% from the quarter before.